Your Daily Dose of Financial News

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The Department of Labor has made it official: its controversial fiduciary duty rule for retirement advisers set to start April 10 will be delayed 60 days  – WealthManagement

Trouble at the Federal Reserve Bank of Virginia, where president Jeffrey Lacker abruptly resigned yesterday after disclosing that he had broken Fed rules in 2012 by relaying private deliberations to a financial analyst and then lying about the leak – NYTimes and WSJ and Bloomberg

Commodities traders are looking to blockchain to help buy and sell raw materials in an effort to solve “longstanding problems” in the trading of physical goods – WSJ

A potential Dodd-Frank reform path, courtesy of outgoing Fed governor Daniel Tarullo—the regulatory reform chief – Law360

The FTC has granted ChemChina antitrust approval to buy Swiss company Syngenta. ChemChina agreed to divest three pesticide products in order to get the $43 billion deal done – NYTimes and WSJ

Jamie Dimon’s annual letter to JPMorgan shareholders wasn’t all puppy dogs and rainbows, with Dimon declaring that “something is wrong” in America – Bloomberg and USNews

McDonald’s—still searching for the secret sauce in management—is losing its top marketer, head of U.S. menu, and US digital chief  in yet another shake-up at the top – WSJ

Can’t quite wait until tomorrow for “a tradition unlike any other” [NANTZ!]? Try this bit of a tradition unlike ever before—drones at Augusta National – TheMasters

The Daily Dose will be on a mini-hiatus for the next few days.  We’ll see you back here bright and early Tuesday morning.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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